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Precision Drilling Corp T.PD

Alternate Symbol(s):  PDS

Precision Drilling Inc is a Canada-based drilling company. The Company is engaged in the exploration and production of oil and natural gas. Its services include North American drilling, international drilling, oilfield equipment rentals, camp & catering services. The Company technology includes AlphaAutomation, AlphaApps, AlphaAnalytics and EverGreen.


TSX:PD - Post by User

Post by drunk@noonon Jul 28, 2023 1:07pm
131 Views
Post# 35561889

Seems to me they will be trading at 50% plus free cashflow

Seems to me they will be trading at 50% plus free cashflow annualized run rate in a $80 oil enviornment. Nat gas will remain in the dumper but the permian and condesation rich gas plays like the montant gas is looked on as a bi-product. Higher gas prices is a nice cherry on top, but short term nat gas prices aren't going to effect the industrial-like harvesting of these  plays. 
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